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[General] Business-Education-Content-Knowledge-5101 Dump Collection & Sure Business-Ed

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【General】 Business-Education-Content-Knowledge-5101 Dump Collection & Sure Business-Ed

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PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions (Q50-Q55):NEW QUESTION # 50
A warehouse manager wants to clarify the date and time of an employee meeting and sends an instant message (IM) to another manager in the warehouse. The use of IM is considered acceptable because the sender is most likely to be
  • A. multitasking during a meeting
  • B. avoiding a permanent record
  • C. needing an immediate response
  • D. finishing a sensitive discussion
Answer: C
Explanation:
Instant messaging (IM) is used for quick, real-time communication, making it suitable when the sender needs an immediate response, such as clarifying a meeting's date and time. Option A (avoiding a permanent record) is not the primary reason, as IMs can be logged. Option B (multitasking) is possible but not the best justification. Option C (sensitive discussion) would likely require a more secure or formal channel. This question falls under the Communication and Career Development category, focusing on communication tools.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Communication and Career Development; Business Communication, Chapter 6.

NEW QUESTION # 51
Which of the following types of reports presents facts, draws conclusions, and makes recommendations?
  • A. Informational
  • B. Analytical
  • C. Periodic
  • D. Progress
Answer: B
Explanation:
Analytical reports present data, analyze it to draw conclusions, and provide recommendations based on the findings. Option B (informational) reports only present facts without analysis or recommendations. Option C (periodic) reports provide regular updates, often without deep analysis. Option D (progress) reports track project advancements, not necessarily with conclusions or recommendations. This questionfalls under the Communication and Career Development category, focusing on business reporting.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Communication and Career Development; Business Communication, Chapter 10.

NEW QUESTION # 52
If margarine and butter are substitute goods, which of the following will result in an increase in the demand for margarine?
  • A. An increase in the supply of margarine
  • B. An increase in the price of butter
  • C. A decrease in the supply of margarine
  • D. A decrease in the price of butter
Answer: B
Explanation:
Substitute goods can replace each other in consumption. If the price of butter increases, consumers are likely to switch to margarine, increasing its demand. Option B (increased margarine supply) shifts supply, not demand. Option C (decreased margarine supply) reduces availability, potentially increasing price but not demand. Option D (decreased butter price) would decrease margarine demand, as consumers prefer cheaper butter. This question falls under the Economics category, emphasizing demand determinants.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Economics; Principles of Economics, Chapter 3.

NEW QUESTION # 53
Which of the following best describes the market structure of the soft drink industry?
  • A. A monopoly that restricts further competition
  • B. A monopoly that suffers from excessive competition
  • C. An oligopoly that requires a huge upfront investment
  • D. An oligopoly that carries tight government restrictions
Answer: C
Explanation:
The soft drink industry is an oligopoly, dominated by a few major firms (e.g., Coca-Cola, PepsiCo), requiring significant upfront investment for production, branding, and distribution. Option A is incorrect, as government restrictions are not uniquely tight. Option B (monopoly) is incorrect, as multiple firms compete.
Option D (monopoly with excessive competition) is contradictory and incorrect. This question falls under the Economics category, focusing on market structures.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Economics; Industrial Organization, Chapter 7.

NEW QUESTION # 54
Stacey has just received her first paycheck. As a responsible spender, Stacey pays her housing, food, and necessary clothing expenses first. The money that remains after paying those expenses is called
  • A. discretionary income
  • B. disposable income
  • C. passive income
  • D. supplementary income
Answer: A
Explanation:
Discretionary income is the money remaining after paying for necessities like housing, food, and clothing, available for non-essential spending. Option A (disposable income) is income after taxes, including money for necessities. Option C (supplementary income) is not a standard term. Option D (passive income) is earned without active work, like investments. This question aligns with the Accounting and Finance category, emphasizing personal finance.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Accounting and Finance; Personal Finance, Chapter 3.

NEW QUESTION # 55
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